NAB arrests another Sharif family employee in money laundering case.

ISLAMABAD -- An accountability court on Saturday remanded in the National Accountability Bureau's (NAB) custody another suspect in a case against members of the Sharif family pertaining to alleged money laundering

The accountability watchdog today arrested the suspect, Rashid Karamat, an employee of Hamza Shehbaz Sharif since 2007, for allegedly holding a benami company to facilitate several members of the Sharif family.

The prosecution alleged that the suspect, an employee of Sharif Group of Companies, represented himself as the owner of the company - M/s Nisar Trading Concern. It added that the company was established with the funds of the accused nominated in the case, including PML-N President Shehbaz Sharif and his sons Hamza and Suleman, who also benefited from it.

NAB officials said that transactions worth Rs450 million from the bank account of the suspect had been recorded. The accountability watchdog alleged that the suspect had been playing an "important role" in alleged money laundering for the Sharif family.

According to NAB, Karamat not only provided a channel to the accused in the case for money laundering but also committed the financial crime himself.

Members of the Shehbaz Sharif family face multiple accountability cases pertaining to alleged ownership of assets beyond their means and alleged...

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